Areas of
Practice.
MV & CO. — Advocates and Tax, Corporate & Utility Laws Consultant. Federal taxes in Pakistan are classified into two broad categories: direct and indirect. Our practice spans the full field of tax, corporate, utility and intellectual-property law, alongside a full suite of registration services.
Taxation Laws — direct taxes.
Federal taxes in Pakistan like most of the taxation systems in the world are classified into two broad categories, viz., direct and indirect taxes. A broad description regarding the nature of administration of these taxes is explained below.
Direct taxes primarily comprise income tax. For the purpose of the charge of tax and the computation of total income, all income is classified under the following heads:
Indirect Taxes — customs, VAT, GST and excise.
Indirect taxes cover a range of federal and provincial levies. Our practice advises on impact analysis, registration, periodical compliances, audit, and preventive matters across all major indirect-tax regimes.
Below is the scope of each area:
VAT · Excise · GST
Utility Laws — the essentials of daily commerce.
Utilities Laws are defined as essential commodities or services, such as water, electricity, transportation, or communication provided to the public by private business organizations.
These organizations are regulated by local, state and federal governments — a specialised advisory field in which we regularly counsel private operators.
Corporate Law — how enterprises meet the law.
Corporate law (also "company" or "corporations" law) is the practice or study of how shareholders, directors, employees, creditors, and other stakeholders such as consumers, the community, and the environment interact with one another.
Corporate law is a part of a broader company's law (or law of business associations).
Intellectual Property — the value in your ideas.
Intellectual Property (IP) refers to creations of the intellect for which a monopoly is assigned to designated owners by law. Intellectual Property Rights (IPRs) are the protections granted to the creators of IP, and include Trademarks, Copyright, Patents, Industrial Design Rights, and in some jurisdictions trade secrets.
Artistic works including music and literature, as well as discoveries, inventions, words, phrases, symbols, and designs can all be protected as intellectual property.